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Aclarity, Inc. raised $15.9 million in a Series A funding round led by Aqualateral to scale up manufacturing and supply chain capabilities for PFAS (per- and polyfluoroalkyl substances) eradication.

Apr 02, 2024over 1 year ago

Amount Raised

$15.9 Million

Round Type

series a

HadleyOther

Investors

Burnt Island VenturesMass VenturesNor’easter VenturesBidra Innovation VenturesHg VenturesAqualateral

Description

The Series A funding round of Aclarity, Inc. has secured an impressive $15.9 million, led by Aqualateral and featuring prominent investors such as HG Ventures, Bidra Innovation Ventures, Nor’easter Ventures, MassVentures, and Burnt Island Ventures. This funding will play a pivotal role in scaling up manufacturing and supply chain capabilities, expanding market penetration, and fostering partnerships to address PFAS contamination challenges globally.

Company Information

Company

Aclarity

Location

Hadley, Massachusetts, United States

About

Aclarity’s mission is to destroy PFAS forever. The current PFAS removal and disposal methods separate and concentrate PFAS, but do not sufficiently remove PFAS from our environment and therefore do not fully address the problem. The status quo management of PFAS is failing the public and cannot prevail. Our Aclarity electrochemical oxidation system destroys PFAS chemicals in water and liquid waste. We pass concentrated PFAS streams, like raw landfill leachate, through our system and destroy PFAS compounds to greater than 99%.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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